Impact of Indian Population Growth on Economic Development

The labour force is resourced by the population. The size of the labour force will increase with population size. Nothing can be produced by labour alone. A labour force is a productive asset for a nation if other resources needed for production are also accessible in adequate amounts. A high labour force may impede quicker economic expansion if other resources are not accessible in adequate amounts. Some nations, especially those in development, experience rapid population increase. The population of the globe is expanding by 83 million people year, while 57 billionaires own 70% of the country’s wealth. The mediumvariant estimate states that the world’s population will reach 8.6 billion in 2030, 9.8 billion in 2050, and 11.2 billion in
2100. Growing numbers of people have a detrimental impact on the economy, driving up expenses and decreasing savings, which hurts the middle class and working class. Overpopulation is a primary cause of poverty in developing nations. It also fuels issues with capital formation, unemployment, food scarcity, low per capita income, high levels of stress, social unrest, economic insecurity, and social instability as well as increased environmental pressure and societal instability. This paper provides a
theoretical review of the process for population increase and Indian economic development in order to enable human flourishing in  a globalised environment. India is facing several significant challenges, one of which is congestion, which has  subsided as a consequence of government measures.